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Fairfax gets RBI nod to buy 51% stake in Catholic Syrian Bank
A unit of Canadian investment firm Fairfax Financial Holdings Ltd received preliminary regulatory approval to buy a 51 percent stake ......
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In Charts: What do Indians really use their debit cards for?
Prime Minister Narendra Modi and the Reserve Bank of India want to make the country a cashless economy, as they ......
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Banks face "significant" stress but stable overall: RBI report
Banking sector continues to face "significant" levels of stress but the financial system remains stable overall after moves to enhance ......
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NYU's Viral Acharya named new RBI deputy governor
The government has appointed Viral V. Acharya, a professor of economics at New York University, as one of the Reserve ......
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Get rid of your old notes by March end or face up to 4 years in jail
The government on Wednesday reportedly cleared an ordinance, which stipulates that if a person is found possessing old Rs 500 ......
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Meet the top newsmakers
Year 2016 had its fair share of personalities who either influenced events that had a bearing on India’s and the ......
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Growth steady for now, GST in sight but cash clampdown sours mood
For the Narendra Modi government, 2016 was expected to be a year in which it would look to consolidate its ......
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Demonetisation: Flip-flops continue as RBI rolls back curbs on cash deposits
The Reserve Bank of India (RBI) on Wednesday retracted a directive for banks to question individuals depositing more than 5000 ......
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RBI keeps rates on hold, trims growth outlook
The Reserve Bank of India on Wednesday kept interest rates unchanged in a surprise decision and lowered its growth ......
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In Charts: Why did online bank transactions fall in November after demonetisation?
On 8 November, Prime Minister Narendra Modi announced the government’s decision to demonetise Rs 500 and Rs 1,000 currency notes, ......
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